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Need professional advice for your consent to let with The Chorley & District Building Society? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Questions and Answers: The Chorley & District Building Society consent to let

  • We have a homeowner mortgage with The Chorley & District Building Society. This has been in place since 2009. We are intending on renting out our property and renting in a village close to our daughter’s school until a suitable house becomes available to purchase. Do The Chorley & District Building Society normally grant consent to let and do they load up the mortgage rate?
  • I moved out of my flat about seven months ago but didn't get around to get a consent to let letter, mainly because the mortgage fix rate period is ending in a couple of months and I am thinking about a remortgage anyway. I want to ask for the letter now, is that going to open up a Pandora’s box?
  • I'm one year into a two year fixed mortgage with The Chorley & District Building Society. The LTV is just 50%. I've come across a really good deal on a one bed flat in Croydon which I would not want to miss. It seems the only way I can get this other property is to take out some good chunk of equity. I'm thinking of letting the existing property which would more than cover the homeloan with The Chorley & District Building Society. Is it possible to obtain consent to let from The Chorley & District Building Society and ask for additional borrowing after it's let out?
  • I am planning to lease out my apartment for a year from 9th August 2016. Is there a template letter I can use to write to The Chorley & District Building Society to seek consent to let.
  • This is not a question specific to The Chorley & District Building Society but do mortgage companies generally provide the information I need for my Buy to Let or Consent to Let self-assessment tax returns?
  • Circumstances: I am moving abroad. Potentially for a number of years. Nevertheless I will be on a four month probation period .I'm wanting to know the criteria for consent to let from The Chorley & District Building Society and what fees are involved
  • I hope to purchase a new house but can't afford to sell my current property with a The Chorley & District Building Society mortgage. Do you know acceptable terms for The Chorley & District Building Society to grant consent to let? Is getting married and having kids a good enough reason to to ask for consent to let?
  • Me and my OH and I have a mortgage with The Chorley & District Building Society on our studio flat in Barnet. We are planning to buy a new house to move into. How do I switch our existing mortgage on to consent to let?